HR 855
114th Congress
House
Taxation
Business investment and capital
Economic development
Financial services and investments
Income tax credits
Inflation and prices
New Markets Tax Credit Extension Act of 2015
Introduced: February 10, 2015
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 10, 2015
Referred to the House Committee on Ways and Means.
Feb 10, 2015
Introduced in House
Plain-English summary
New Markets Tax Credit Extension Act of 2015
Amends the Internal Revenue Code to: (1) make permanent the new markets tax credit, (2) provide for an inflation adjustment to the limitation amount for such credit after 2014, and (3) allow an offset against the alternative minimum tax for such credit (determined with respect to qualified equity investments initially made after the enactment of this Act).
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1